Category Archives: oil and gas

Could Alberta pull off a full-blown boycott of Quebec?

Over the weekend, former Wildrose leader Brian Jean called for fellow Albertans to join him in an all-out boycott of Quebec products.

The occasion was prompted by a comment from François Legault, the new right-leaning premier of Quebec. At a Montreal premiers’ meeting, Legault shot down any hope for a revival of the Energy East pipeline saying “there’s no social acceptability (for oil) in Quebec.”

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Continuing Oil Discount Will Slash Canada’s Economic Growth

In a common-sense conclusion, TD Bank economists say Canada’s economy will suffer if the massive oil price discount for Canadian oil continues.

The damage will be worst in Alberta, and overall growth in the country will fall by 0.5%.

Keep in mind, considering that economic growth is already struggling to keep up with inflation and population growth, a 0.5% fall would shift Canada closer to a recession.

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Encana founder Gwyn Morgan blames ‘disastrous’ Trudeau policies for Newfield deal, shift to U.S. focus

Encana Corp.’s founder and former Chief Executive Officer Gwyn Morgan said he’s disappointed by the driller’s US$5.5 billion purchase of Newfield Exploration Co., which moves focus to the U.S. and dashes his hopes that the company would represent Canada on the world stage.

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Liberals considering ‘giving’ Trans Mountain to First Nations

“The possibility of giving the pipeline to First Nations (or at least a share of Trans Mountain) has come up at cabinet level,” a senior Liberal government source told Postmedia on Tuesday.

A few billion here, a few billion there… and pretty soon you’re talking about real money.

h/t Marvin

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Trudeau government try to pull cloak of secrecy over court case on pipeline spy allegations

 

The association argued CSIS’s intelligence gathering violated the law governing the spy service, which forbids CSIS from collecting information about Canadians unless there are reasonable grounds to suspect they constitute a threat to national security.

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Pierre Poilievre Rips Trudeau For “Strutting Around Like A Peacock,” Says Canada Needs Energy Independence

Poilievre points out that the Trudeau government’s tough talk on Saudi Arabia wasn’t matched up with action, as our country is still buying tons of Saudi oil.

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